The need for industrial hydrogen could give birth to a whole new class of electrolyzer, according to Wisconsin-based start-up Advanced Ionics. Using waste heat from processes such as steelmaking, the company claims that its ‘Symbiotic’ technology can reduce the cost of hydrogen production by 30%, targeting a price of just $0.85 per kilogram. It’s unlikely you’ll have heard of Advanced Ionics before; until two weeks ago, the company was operating in ‘stealth mode.’ Now, having secured $4.2 million in a funding round led by Clean Energy Ventures, the company is in conversation with partners for potential pilot projects. It hopes to start taking commercial orders as early as 2024, with shipments following in 2025. The technology that the company has…